SOURCE: Sabrix, Inc.

October 27, 2009 11:00 ET

Sabrix Application Suite 5 Achieves Certified Integration With SAP® Applications

Solution Integrated With SAP CRM Enables Customers to Calculate and Report Sales and Use Tax Across CRM Processes

SAN RAMON, CA--(Marketwire - October 27, 2009) - Sabrix, Inc., a leading provider of transaction tax management for companies of all sizes, today announced that its Sabrix Application Suite 5 and its interface software US & CAN Sales & Use Tax 5 have achieved SAP certified integration with SAP® applications. The SAP Integration and Certification Center (SAP ICC) has certified that Sabrix Application Suite 5 properly integrates with the SAP Customer Relationship Management (SAP CRM) application Release 5.0 via the SAP sales and use tax integration scenario (TAX-US-CRM 4.0).

US & CAN Sales & Use Tax 5 is a component of the Sabrix Application Suite, which seamlessly connects to all financial applications required in the determination, calculation, and recording of transaction taxes. The solution has been proven to integrate with SAP solutions, enabling companies to consolidate their sales and use tax operations and reduce implementation time and costs. This re-certification with SAP TAX-US-CRM further ensures that customers get tax calculations throughout the sales lifecycle starting with lead and quote management through the opportunity stage.

"Sabrix is committed to not only offering the best-in-class sales and use tax technology, but also the most extensive integration so our customers can cost effectively consolidate their sales and use tax operations to achieve a higher degree of compliance," said Pam Kostka, senior vice president of Corporate Marketing of Sabrix. "This latest certification, which is the fifth time Sabrix has achieved certificated integration with an SAP application, underscores our commitment to the continual investment to build, maintain, and support solutions for use with SAP applications."

Sabrix Application Suite 5 has also been qualified as "SAP Solution Manager Ready." Solutions that qualify as such are made visible in the customer's SAP system landscape directory, displayed within SAP Solution Manager at the customer site. With Sabrix Application Suite 5 achieving this certification status, the customer's support staff or members of the SAP Active Global Support organization can easily identify and track the current configuration and log files of the Sabrix software within the system landscape. This makes it easier for support personnel to identify and perform root-cause analysis for the customer when needed.

Its interface software, Sabrix Integrations 5, is available immediately for use across both Sabrix product lines, including the Sabrix Application Suite, serving the transaction tax compliance needs of Global 2000 Enterprises, as well as Sabrix Managed Tax Service (MTS), an outsourced sales and use tax compliance service for companies of all sizes.

Additional information about the Sabrix Application Suite and Sabrix Managed Tax Service, including details on SAP certification, please visit the following link on the SAP EcoHub solution marketplace at http://ecohub.sdn.sap.com/irj/ecohub/solutions?query=sabrix.

About Sabrix, Inc.

Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, Value Added Tax (VAT), excise tax and industry-specific taxes and fees. The Sabrix Application Suite™ serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM and York International. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers the Sabrix Managed Tax Service™ (MTS), an outsourced transaction tax compliance service that helps finance departments of small-and-medium-sized businesses eliminate the hassle, control their audit exposure, and reduce the total cost of sales tax, use tax, and VAT compliance. Sabrix MTS seamlessly integrates with a company's existing accounting and e-commerce systems, and, similar to outsourced payroll services, operates as a trusted extension of a company's finance department to address tax compliance from start to finish: address validation, tax rate maintenance, tax determination and calculation, returns preparation and filing as well as audit research and documentation. For more information, please visit http://www.sabrix.com.

Sabrix, Sabrix Application Suite, Sabrix Managed Tax Service and Sabrix MTS are trademarks of Sabrix, Inc. SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other company and product names are trademarks or registered trademarks of their respective holders.

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